Global Wealth Management LLC Purchases New Holdings in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG)

Global Wealth Management LLC acquired a new position in Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 54,304 shares of the company’s stock, valued at approximately $10,755,000. Vanguard Dividend Appreciation ETF comprises approximately 7.3% of Global Wealth Management LLC’s investment portfolio, making the stock its 7th largest position.

Several other large investors have also recently bought and sold shares of the company. Family Firm Inc. bought a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at approximately $25,000. Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Dividend Appreciation ETF during the first quarter worth $26,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the second quarter valued at about $26,000. FPC Investment Advisory Inc. bought a new stake in Vanguard Dividend Appreciation ETF in the first quarter valued at about $30,000. Finally, Providence Capital Advisors LLC acquired a new position in Vanguard Dividend Appreciation ETF in the second quarter valued at about $33,000.

Vanguard Dividend Appreciation ETF Stock Performance

VIG traded down $1.03 during midday trading on Friday, reaching $196.89. 564,285 shares of the company were exchanged, compared to its average volume of 823,637. The stock has a market capitalization of $85.12 billion, a P/E ratio of 24.54 and a beta of 0.78. The stock’s 50-day simple moving average is $196.30 and its 200 day simple moving average is $187.28. Vanguard Dividend Appreciation ETF has a one year low of $149.67 and a one year high of $201.85.

Vanguard Dividend Appreciation ETF Profile

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index.